Re: Forex-Station's Daily Download Thread

#991
September 1 2020
Larry Williams created the "Ultimate Oscillator" in 1976 to measure momentum across 3 different timeframes. An early "MTF" indicator, this code is still widely used by Technical Analysts in Japan & Mrtools has now added his Divergences pack to this code: viewtopic.php?p=1295418177#p1295418177
Ultimate Oscillator Divergence indicator for MT4.png
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Re: Forex-Station's Daily Download Thread

#992
September 3 2020
William Blau (famously known for the TSI) created some of the best technical analysis tools in the 90's & his Ergodic DI (Divergence Index) has now been updated by Mrtools to feature non-repainting Arrows. Ideal for scalping trends, download it here: viewtopic.php?p=1295418414#p1295418414
Blau Ergodic DI Divergence Index indicator for MT4.png
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Re: Forex-Station's Daily Download Thread

#993
September 4 2020
The RSI "Experiment" code by Mladen is a useful indicator for trend trading. It offers 4 x different Averages for RSI calculation included Welles Wilder's "Wilders EMA" (which is the same as the SMMA). Mrtools' update includes all 33+ Price Options: viewtopic.php?p=1295418461#p1295418461
Non-repainting RSI Experiment indicator for trend trading MT4.png
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Re: Forex-Station's Daily Download Thread

#994
September 6 2020
The Accelerator Oscillator by Bill Williams helps traders forecast changes in Momentum, so naturally, this tool is frequently used for Divergence trading as well. Mrtools has kindly added his Divergences Pack + Display Options to this code. Download: viewtopic.php?p=1295418623#p1295418623
Accelerator Divergence indicator for MT4 plus Awesome Oscillator with Signal Line.png
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Re: Forex-Station's Daily Download Thread

#995
September 7 2020
Continuing our focus on Bill William's indicators, Mrtools has now restored the AOAO (Awesome Oscillator + Accelerator Oscillator) code from the Forex-TSD days which uses the slope of both indicators to determine if the Trend is UP, DOWN or NEUTRAL: viewtopic.php?p=1295418674#p1295418674
Awesome Oscillator with Accelerator Oscillator Slope Histogram MT4.png
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Re: Forex-Station's Daily Download Thread

#996
September 8 2020
The Z-Score VWAP (Volume Weighted Average Price) has now been further upgraded by Mrtools to feature MTF + Arrows & Alerts. This non-repainting indicator can be used for scalping trend reversals & also features a Histogram fill on OB/OS zones. Download: viewtopic.php?p=1295418621#p1295418621
VWAP Z-score Multi-timeframe MTF for MT4 with Filled Histogram.jpg
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Re: Forex-Station's Daily Download Thread

#997
September 9 2020
John Ehlers' Instantaneous Trendlines was first seen in 2001 where he proudly stated "It works because it completely removes the dominant cycle from a smoothing average". Mrtools' "Filled" version comes with MTF & has recently been optimized. Download: viewtopic.php?p=1295418776#p1295418776
Ehlers Instantaneous Moving Average Trend Lines Filled MT4.png
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Re: Forex-Station's Daily Download Thread

#998
September 11 2020
John Ehler's indicators have been our focus this week & today we see Mladen's version of the Simple Decycler Oscillator upgraded by Mrtools with added Pre-Smoothing, making this code a strong trend trading indicator even in range-bound markets: viewtopic.php?p=1295418982#p1295418982
Simple Decycler Oscillator with Smoothing for MT4.png
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Re: Forex-Station's Daily Download Thread

#999
September 12 2020
The CFB (Composite Fractal Behaviour) Adaptive "DMX" (Jurik's Smoother & low-lag version of ADX DMI) is now available in Oscillator Histogram & Full Histogram Bars by Mrtools & Mladen. The Full Histogram version changes color on "slope". Download: viewtopic.php?p=1295419017#p1295419017
CFB Adaptive DMX indicator non-repainting for MT4.png
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Re: Forex-Station's Daily Download Thread

#1000
September 13 2020
We encourage traders to have a go at coding & experimenting with what is available at hand & our member Darks has been experimenting & has released a DLR (Double Linear Regression) MACD in Oscillator & Histogram which is based on Mladen's LR MACD: viewtopic.php?p=1295418705#p1295418705
Double Linear Regression MACD for MT4.png
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